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Latvia must strike a balance between its environmental commitments and national economy needs - Aseradens
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    Latvia must strike a balance between its environmental commitments and national economy needs - Aseradens

    REZEKNE, April 13 (LETA) - Latvia has to strike a balance between its environmental commitments and the needs of the national economy, Economics Minister Arvils Aseradens (Unity) said during a discussion today in Rezekne about the role of renewable energy in Latvia.

    The mandatory procurement component concerns many national economy sectors - industry, renewable resources, agriculture, explained Aseradens.

    Industry in Latvia has been receiving little support from the government, unlike agriculture that gets the support it needs almost always, said Aseradens. In the meantime, industry has a great effect on regional development. This is proven by the fact that the demand for housing has been rising in several regional cities and towns, for instance, in Valmiera and Smiltene, where industrial development is taking place.

    Aseradens reminded that the government had approved setting up a task force for liquidation of the mandatory procurement component system. The task force will have to analyze the effectiveness of the system, agree on mechanisms for liquidation of the system, and decide on further support for producers of renewable resources. The task force's decisions are expected in August.

    • Published: 13.04.2018 16:24
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